Fiji Time: 5:45 PM on Wednesday 22 November

Fiji Times Logo

/ Front page / Features

Encourage boldness creativity and sustainability

Ana Madigibuli
Saturday, July 15, 2017

The Prime Minister's International Business Awards aim to encourage the concept of boldness, creativity and sustainability.

It provides an opportunity for Fijian businesses to benchmark performance, build capacity, inspire to innovate, show service excellence, support job creation and boost employee morale.

This was highlighted by the Minister for Industry and Trade Faiyaz Koya during the launch of the Prime Minister's International Business Awards at the Grand Pacific Hotel last Friday July 7.

"The theme for this year's awards "Achieving Sustainable Economic Growth" strongly reflects on the leadership role that the Government has taken up on the global stage with regards to climate change and its impact on the livelihoods of all Fijians," Mr Koya said.

"I wish to reiterate that the private sector has an important role to play in sustainable development. Therefore, we need the private sector to be innovative, to think outside the box, regardless of their size to go beyond their comfort zone to ensure sustainable development and protection of the environment.

"Hence through the 12 categories in this year's awards we will ensure no sector or business is left behind as far as recognising their contribution to the sustainable development of the economy."

He said the Fijian economy had been growing positively for the past seven years and was projected to grow by 3.8 per cent this year, meaning growth of businesses private sector investments.

"Simply, the Fijian economy has been performing well, as it is supported by the pro-growth and sustainable policies put in place by the Fijian Government and the hard work and dedication from the private sector," he said. "Our healthy foreign reserves low inflation rate and strong business confidence are putting our economy abreast with some of the best performing economies globally.

"In 2016, Fiji's total domestic export was valued around $1.12 billion out of which 10 top domestic products were valued at more than $674million or 60 per cent of the total domestic export earnings.

"Imports had slightly increased by 1.7 per cent in 2016 when compared with 2015. Our imports last year hovered around $4.84 billion. This is largely attributed to imports of investment items and cyclone rehabilitation."

He said the awards would have strict and transparent criteria and judging processes.

"This will result in setting a benchmark of excellence, giving that additional push to local businesses to be more competitive and more importantly being innovative whilst keeping in mind the environment," he said.

"I have confidence in our private sector and I know, together we can reach even greater heights and produce exceptional results."

Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Code Inward TTs Outward TTs
CAD 0.62150.6025
JPY 55.262252.2622
GBP 0.36590.3579
EUR 0.41410.4021
NZD 0.71730.6843
AUD 0.64430.6193
USD 0.48800.4710



Exchange Rate updated on 22nd, November, 2017

Today's Most Read Stories

  1. Line-up unchanged
  2. 'Operation Kill Bill'
  3. Teacher testifies in trial
  4. Sex crimes
  5. Rain brings floods
  6. Mind game
  7. iTLTB looks into land tenancy concerns
  8. Water source for 10,000
  9. Staging of works not possible
  10. 'Naiqama capable of captaining Tigers'

Top Stories this Week

  1. COP23: France invite for Timoci Friday (17 Nov)
  2. Celebration planned to welcome COP23 delegates Tuesday (21 Nov)
  3. The Crying Rock Sunday (19 Nov)
  4. Where there's a will... Thursday (16 Nov)
  5. Walker brothers' radar focuses on Fiji Bati kingpin Friday (17 Nov)
  6. Bid to win Tuesday (21 Nov)
  7. 'God first' Sunday (19 Nov)
  8. Timoci opens COP23 Thursday (16 Nov)
  9. Fiji Bati requests for continued prayers Monday (20 Nov)
  10. Bati rest day Tuesday (21 Nov)